Boston, MA (January 30, 2013) - The Stubblebine Company/CORFAC International is pleased to announce it has recently brokered the $1975,000 sale of 21 Ray Avenue, Burlington, MA to Grinnell Mechanical. James Stubblebine of The Stubblebine Company represented the Buyer and Tyler Ewing of Grubb and Ellis represented the seller. The property is strategically located in close proximity to the intersection of Route 3 and I-95. The building is an attractively landscaped, first class single story industrial building with office space. It is located on a .66 acre parcel of land.
For over 30 years Grinnell Mechanical has provided exceptional HVAC services for commercial customers.
According to James Stubblebine, “21 Ray Avenue was a logical choice for Grinnell Mechanical. Having leased for 10 years from Murray Hills in a nearby property, this property provided an opportunity to own at a reasonable price and the needed expansion for Grinnell.”
The Stubblebine Company/CORFAC International specializes in the lease and sale of large industrial and flex properties throughout New England and representing Tenants and Buyer in the marketplace.
About CORFAC International
CORFAC International (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services. In association with FIABCI (the International Real Estate Federation) and global affiliates, CORFAC International offers commercial real estate services with market reach in 65 countries worldwide. In recent years, CORFAC firms have averaged over 8,500 completed transactions annually totaling more than 600 million square feet worth an excess of $5.2 billion for their customers. For more information on the CORFAC network, contact 703.532.6160 or visit www.corfac.com.